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A look into the British DFI’s plan to invest in African economies, venture funds and tech startups
On April 4, the U.K.’s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment. As part of the name change, the development finance institution (DFI) announced that it surpassed its pledge to invest £2 billion in Africa over the last two years. It was a reminder of the…
India has labeled hyperloop a public infrastructure project — here’s why that matters
Hyperloop, the futuristic and still theoretical transportation system that could someday propel people and packages at speeds of more than 600 miles per hour, has been designated a “public infrastructure…
Richard Branson steps down as chairman of Virgin Hyperloop One
Richard Branson has reportedly stepped down from the chairman role of Virgin Hyperloop One. In a statement, cited by Reuters, Branson said the company would require more time than he could…
Hyperloop One gains $50 million in funding from DP World Group of Dubai
Hyperloop One is getting even cozier with its partners in the United Arab Emirates. The futuristic transportation system that aims to ship things and people faster than a speeding plane…
Dubai could be the first to hop on Hyperloop One’s global shipping train
Hyperloop One tells TechCrunch it might be building its crazy fast transportation system at the Jebel Ali port in Dubai if all goes according to plan. And it could be the first…
